We don't expect issues.As a private lender who is friend/family, what kind of due diligence should I be asking of the borrower (myself in this case) to feel good about giving this loan?

Hi Kevin, What kind of asset class are you going after?

If it's good enough condition that an o-o would even be interested in making an offer, then you're probably not going to get it an investor kind of prices anyway.

I actually read in an article that it is one of the fastest recovering markets in the country.I would like to hear opinions from you all, what kind of strategies you would recommend.

That's the kind of thing a "bird dog" does.You aren't negotiating a deal or putting anything under contract with the seller, so you won't make as much as a wholesaler could and you shouldn't ask for a split either.

Yeah - Sorry guys . . . we use a company to protect our site from outside attacks called CloudFlare and it appears that they were having some kind of problem a short bit ago.

Joe, is there a reason you incorporate a question with a negative response. i.e.

It's kind of unusual to have 10 SFH on the same lot.

(I spent $4,000 in repairs on my rental last year for an unexpected repair....it just happens and you need extra $ for that kind of stuff!)

As for the VA, the big thing is they want to see 6 months reserves, also you can't use the rental income to get approved unless you can show some kind of history of being a landlord or property manager.